Tha

Tha, 39, is a weaver and has two sons and one daughter. All of her children are school age. Her husband is a fisherman and also assists his wife with her waving business.

Tha also sells fish that her husband catches, in her local village.

Tha's problem is that she does not have access to enough electricity. She only uses batteies; hence she decided to apply for a loan to buy a solar home system for family use.

Additional Information

More information about this loan

This loan is designed to provide low-income families in rural Cambodia with clean and safe alternative energy sources. Currently, less than 30% of the Cambodian population has access to electricity, and those that do pay some of the highest costs in the world.

With this loan product, borrowers are able to purchase one of several Solar Home Systems (SHS), allowing them to meet their household’s energy needs more efficiently and cheaply. Once installed, Maxima's partners provide clients with ongoing support and training to maintain their new system.

Loan terms and amounts vary according to both the pricing of the chosen SHS and the borrower’s income. In addition to this, certain loans are issued with a grace period in order to allow clients to begin saving before starting their repayments. By funding this loan, you are helping an underserved household to reduce its energy expenses while also promoting the use of environmentally friendly alternatives in Cambodia.

About MAXIMA

MAXIMA Mikroheranhvatho is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.